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to 36 hours to finish that job. you know, the economy is a huge issue in the election, and here in ohio, why are the people in the state with one of the lowest unemployment rates the most worried? some answers on cnn, next. hone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. try capzasin-hp. it penetrates deep to block pain signals for hours of relief. capzasin-hp. take the pain out of arthritis. >>> with just three days to go until vote issers head to the polls, a new jobs report has both sides taking sides. now companies hired 171,000 employees in october, that is more than any other time in the past eight months. but while hiring has increased, so has unemployment. that rate rose slightly to 7.9%, up from 8% in september.
making closing arguments on an issue that's been front and center throughout the campaign. did an economy in need of a spark find one in october? u.s. employers across nearly all sectors were hiring, for a net gain of 171,000 new jobs. the labor department also revised its august and september figures higher, by 84,000. all told, it signaled slow but steady growth, and it was news that president obama wanted to play up in the campaign's final weekend, especially in one critical state. >> "oh (io), oh (io)" >> brown: the president made three stops in the buckeye state, starting in hilliard, just outside columbus. >> in 2008, we were in the middle of two wars and the worst economic crisis since the great depression. and today, our businesses have created nearly five and a half million new jobs. and this morning, we learned that companies hired more workers in october than at any time in the last eight months. ( applause ) >> brown: and the trend line seemed promising, as well. since july, the economy has added an average of 173,000 jobs per month, up from just 67,000 a month in the spring.
. there are people who want to serve when the economy changes, could impact this? yes. but right now, i feel it is not impacting our recruiting. it does not impact our quality operationally, and hopefully that will continue. >> you have been in the job for a little over a year now. god willing and things go right, you have three more years to go. i know that much of the decade before you took this job, it was not in the middle of the night and waking up and saying, what would i do if i was the chief? you have other things on your mind. what has surprised you the most in coming into this circumstance? >> well, i think, -- i guess i've got to be careful. one of the things i tell everybody what i was the commander in iraq and the commander of the core there, have the freedom to make some pretty significant decisions. that freedom is not quite the same here in washington. that is probably one of the biggest adjustment. i had to realize i did not have complete autonomy. i knew that, but it took me a while to understand that really. the real challenges that we have are that we have this large orga
the economy added 171,000 jobs last month. the unemployment rate ticked up to 7.9%. here's what president obama said about these numbers this morning in ohio. >> today our businesses have created nearly 5.5 million new jobs, and this morning we learned that companies hired more workers in october than at any time in the last eight months. >> i want to talk about the economics and the politics of the report with our chief business correspondent ali velshi and john avalon. they're in ohio talking to the voters. ali, let's start with you since you have an economics, numbers guy here. >> yeah. >> we looked at this, and the economy stated by cnn money, they were twpg 125,000 jobs, so this number was higher at 171,000. so you have figures in august and september, also higher than we thought. what do we say about the overall growth and the health of the economy and the recovery? >> you and i talked about this before. i like the jobs creation or job loss numbers. the establishment survey more than i like the unemployment number. by the way, i feel the same way about it when it's low and when it's
's had since we've been in technical recovery, the economy grew 20%. obama has grown 7%. a third the strength of reagan's. job creation much higher under reagan. what did reagan do? all the things that romney and ryan are talking about. lower marginal tax rates. obama wants to raise them. less spending. obama added $5 trillion of debt. we're supposed to have 6% unemployment, according to obama, if he spent $5 trillion. that's not what we got. we know that obama's plan put us in the worst position, fewer people working. fewer people in the workforce. people have given up on job opportunities. very weak economic growth. >> you know, i think a lot of voters, too, are sort of frustrated by the lack of anybody in congress working to the. and john earlier you were talking about the severe partisanship. and some people point to you in this taxpayer protection pledge, which i have on me. i don't know if people can see it clearly. you have everyone sign for the house of reps, i pledge i will oppose any and all efforts to increase the marginal income tax to oppose any net reduction or elim
a plan to get this economy going. >> paul: and joining the panel this week, wall street journal columnist and deputy editor dan henninger, political diary editor jason riley, james freeman and washington columnist kim strassel. >> any evidence that hurricane sandy is going to affect this race? >> i think, yes, i think it might, in the sense that -- i think one of the big elements in the race is the level of enthusiasm on both sides. my strong sense, paul, this is an enthusiasm deficit on the democratic side. >> paul: all the polls show that. >> all the polls show that and i think it's a going to be a determining factor, now, new jersey, new jersey, maryland, it isn't going to decide whether-- obama will win those states. his popular vote may be down, i think the hurricane is going to suppress the popularity vote. >> paul: dampen that. >> and i spoke to a pollster not working for the obama campaign and agreed with dan's sentiment, turnout was an issue for democrats, enthusiasm is down, but also says that he thinks this allowed obama, even though he missed some days on the campaign trail, a
their attention back to the economy today; investors and traders liked what they heard. americans are feeling the most optimistic they have been in nearly five years about their finances and the outlook for the economy. the conference board's confidence index jumped to a reading of 72.2 last month. driving that gain, an improving job market. new ai for unemployment insurance fell by 9,000 in the past week to 363,000, showing modest improvement in the jobs picture. we'll have more on jobs in a moment. as for stocks, the dow gained 136 points, the nasdaq was up 42, the s&p adding 15. >> susie: but economists say that encouraging report on jobless claims and the confidence survey were collected before hurricane sandy. meanwhile, the effects of the monster storm are paralyzing much of new jersey and new york city here's an update: fr and a ha mlion pple are still without power, and it could take another ten days before power is restored. limited flights have resumed at all of the airports in the new york area. public schools are still closed in the city, as well as many schools in new jersey. and
or simply his view is what is best for the economy, but it's a very similar proposal in my estimation and i wish that we could move ahead with them being like this then you would be tremendous benefit icing for the taxpayers to get some usefulness out of this investment that they have made in the gses and keeping them together and functioning, to use the skeleton, to use the infrastructure and awaited that allows the taxpayer to get a benefit, to get some monetization of the investment that is then made over time. .. >> i have made my decision to leave freddie mac because i thought it was going to take a long time before we would get resolution. unfortunately, i joined the company the middle of 2009. at that point, everyone was certain that the company would be relaunched at some point. possibly in a couple of years. obviously, we have been disappointed in that. as the calendar rolled through three or four years, i concluded looking at my birth certificate that i probably wasn't going to make it. that was one indication of my pessimism about when we were going to get this resolved. it was c
am, mitt rom economy coming here tomorrow where i am and paul ryan coming here today. that's why we're here. listen, mitt romney thinks they can grab pennsylvania away from the democrat, a state the republicans haven't won since 9 1988. >> paul, thanks. randi. >>> new numbers on where things stand in florida. take a look here. this nbc news/"wall street journal/"marist poll. florida is the biggest of all the expected swing state with 29 electoral votes. >>> on the campaign trail in ohio former new york mayor rudy giuliani offered a scathing critique of the president and said president obama should resign. it happened at a rally for mitt romney yesterday. mr. giuliani slammed the administration on a lot of topics. benghazi, others. >> they're real excited today because unemployment didn't go back to 8%. ility 7.9%. they should be ashamed of themselves. the greatest country on earth, the greatest country in the history of the world and our growth is at 1.2%. he should resign! >> the founder and ceo of news corp rupert murdoch is also sounding off on the election via twitter. he blast
about disaster. >> it is not her fault to the economy. >> i should do this. >> this super pac is going crazy. >> myths about the election. >> neil: the auto industry zero argo bankrupt? >> and that is our show tonight. john: tonight we exploded duty night about elections and a natural disaster. i am told hurricane sandy is proof we need a powerful federal government, the fema to provide emergency management. the just makes sense. disaster across state lines who but the fed can help? the new york times declared a big star requires big government. very few politicians are skeptical. it is a relief to turn to ron paul. doctor, it is of myths that we need fema? >> i think so. it causes more harm than good. we handle plus a disasters 204 years before we had fema i have taken this position for a long time since the was first in office and i kept getting reelected because people were tired of fema. locked into insurance and it is a bureaucracy. they just takeover. john: across the fed line they have to have rolled? >> no. we should have real insurance. it causes many of the problems because t
a great caterer. >> myths about disaster. >> it is not her fault to the economy. >> i should do this. >> this super pac is going crazy. >> myths about the election. >> neil: the auto industry zero argoankrupt? >> and that is our show tonight. john: tonight we exploded duty night about elections and a natural disaster. i am told hurricane sandy is proof we need a powerful federal government, the fema to provide emergency management. the just makes sense. disaster across state lines who but the fed can help? the new york times declared a big star requires big government. very few politicians are skeptical. it is a relief to turn to ron paul. doctor, it is of myths that we need fema? >> i think so. it causes more harm than good. we handle plus a disasters 204 years before we had fema i have taken this position for a long time since the was first in office and i kept getting reelected because people were tired of fema. locked into insurance and it is a bureaucracy. they just takeover. john: across the fed line they have to have rolled? >> no. we should have real insurance. it causes many
about the critical issue remaining, the u.s. economy, the final jobs report before election day came out today. employers added 171,000 jobs to their payrolls in october, better than the experts expected. unemployment rate ticked up to 8.79% as people actively looked for work, not surprisingly with four days to go, both sides are actively spinning the numbers in their own direction, peter alexander from westchester, ohio, good evening. >> reporter: brian, good evening to you with a quick hat to kid rock struming the guitar on the stage, both sides say the job numbers back up their case, both the president and mitt romney spending much of their day here in the state of ohio, how important is the buckeye state? so important that betweenq the two of them they will be here five more times over the next three days. charging into the campaign's final weekend, each candidate tried to frame the latest unemployment reports to his advantage, as either a sign of economic progress. >> this morning, we learned that companies hired more people in october than at any time in the last eight months. >> r
sandy and all, regardless of what happens in the end it will have a big impact on the economy and the administration says, it is improving and we got the latest hint of that, the final jobs report, before the leck and that is, surprising spurt, better than 170,000 jobs, added, plus to the economy and unemployment rate of 7.9%, and back with us is jack welch, who might quibble with the rate, in about the last time and you still don't necessarily buy these numbers? >> neil, look, the real unemployment rate, take the last ten years, prior to 2009 recession, ten-year average of what is called the participation rate, how many people are working, temporarily, full-time, and, you take that number, and you take ten-year average, and you run it now with the workforce. you have an unemployment rate close to 11% and that is what the real unemployment race, people are feeling, out there. now, garbage workers have walked away and that is the real rate and the number, 7.8, that popped in the other day, didn't make any sense. i mean, you had a number that said we had more people added, since
obamacare. its stifles the economy, and it does not reform health care. it is going to take $10 billion from the economy on an annual basis it does not work, so we need to talk about the past. one is more government control. >> senator, your response. >> first, i want to thank the networks and my family, my wife of 35 years, my daughter, and my other daughter, and 60% of the grand kids are here. it is good to have james here. jobs are critically important, and i think if you take a look at what is wrong with washington, d.c. compan, there a long list of people. the jobs bill as a prime example that you brought up. it is interesting the gentleman i am running with is hyper partisan. he mentioned rosa, and she has gotten off hold of me and said he has not been much of the health on the subcommittee, and quite frankly, what needs to be done is people need to work together as americans. is when doesion thi politics trump jobs? is it when clean air or clean water is at stake or perhaps politics? >> the answer is jobs, and we need to create an environment in washington, d.c., where we are working
about longer delays, and return to normal production and slightly bigger hit on the economy. s this's certainly true. >> tom: what about the impact on the job market. we were supposed to have the october jobs numbers this friday. still expected to come out. not going to be impacted because of this storm but what about november's numbers? >> that's a great question. sometime these major events, those storms are right in the mile of the reference period during which bls measures employment. but sandy is occurring almost directly between october's reference month and november's reference month, actually-- impact of this on the official government numbers for employment. >> tom: just 20 seconds left but damage to confidence at all, consumer confidence? >> no, i think not. people are resilient. they will see through this. they'll get back to the business of rebuilding which of course is a plus for gdp and back to that activity very quickly. >> we hope it happens faster than not. joeling prkenith us, a lookt the economy, macroeconomic advisors. it may seem a bit premature to talk about th
those unemployed and underemployed fell ever so slightly, but holding at 14.6%, the economy is not creating enough new jobs to brighten the employment picture. three years after the recession ended we should be creating at least 250,000 new jobs a month. we are not. the economy remains weak, despite record government spending and an extra 5 1/2 trillion dollars worth of debt. aust austan goolsbee will be joining us, he helped to write the policies,'s no longer with the administration, he hasn't been here for a while, but returning today. here is how it went last time around. >> stuart, my job is not to do spin just bb to be the policy guy. i think this job reports highlights what strengths we've start today develop and highlight the head winds we're facing and need to do more. on the positive side, this is the 9th straight month of private sector job creation. stuart: okay, now, that was two yearsing. will he say the same thing this time around. find out in four minutes and we'll talk with glenn hubbard, mentioned as a possible treasury secretary in a romney administration.
, what's your take on the markets right now and this storm? how does it impact the economy and the markets from here? >> i think it's modestly constructive. i think we're still in the middle of the square root shaped economic recovery we've been in for over three years now. a grinding upward trend within the data. i think you saw some of the positive news. i think the chinese numbers were a little stronger than many had figured. so the global economy may not be decelerating as quickly as many had feared, but certainly earnings are going to trump a lot of investors coming into the season. i think coming into the fourth quarter, earnings are going to be critical but revenue is going to be extremely critical in an economic environment that's grindsi grinding upward. >> kevin, what about you? i know you're growing increasingly pessimistic about the impact of the fiscal cliff. what else is becoming a drag in terms of uncertainty on in economy and the market? >> i think right now markets are too complacent about the fiscal cliff. a lot of people assume things are going to get wor
. donate today. >> steve: it will be the last major report card on the economy. the labor department releases monthly unemployment rate. right now it stands at 7.8 percent. economist expect it to go up to 7.9 percent. it is estimated that employers added 125,000 jobs last month and that is up from september and fall short of what is needed to cut the jobless rate. we'll bring that number to you live as it is released from washington. meanwhile new accusations. votes switched from mitt romney to obama. rnc learned of cases in nevadathey are asking the states to recalibrate all of the machines. and have additional technician on hand and use signs to make sure people check their vote. there is no evidence of problems but check your ballot, gretch. >> gretchen: 47 out of 51 times the presidential candidate who won the popular vote has won the electoral. experts believe that mitt romney will win the popular and president obama will take the electoral college and win the white house. can that happen again? what do you think about that, pete? >> i think and firmly believe that mitt romney w
. big, big hit to the economy. >> paul, thank you so much. i know you're going to be with us for the next few days as we continue to work through hurricane sandy. thank you, paul. >>> all right. tyler, over to you. >> thank you, sue. hurricane sandy of course bearing down, point pleasant, new jersey. some utilities bracing for the worse. we just talk a little bit about that. warning customers that they could be out of power for a week, ten days, maybe more. what kind of damage are we talking about here and will some utilities perform better than others. greg gordon is senior managing director at isi group. mr. gordon, welcome, good to see you. can any utility that will be affected by this storm be described as a potential winner? >> no. look, these companies are regulated. they are -- they make fixed rates of return on the infrastructure and their job is to provide service. when you have a natural disaster of this proportion, their job is to restore that service as quickly as possible. i've been on the phone and talking to ceos of a bunch of companies since yesterday morning.
looking for full-time jobs. under an employment a 40% of the economy. -- underemployment making up 40% of the economy. many people on food stamps. that is the failure, but americans are not quitters. we can turn the ship around and we will turn this ship around. we will put america on a new path to a new day with the new .resident, mitt romney [cheers and applause] you know, you have had a new energy since the first debate. you know why? for the first time, the people of this country were able to see the real mitt romney instead of instead of what the chicago henchmen were portraying him in six months of advertising. you saw a person standing there with the president of the united states who is practical who is compassionate, who is humble, who is trustworthy and you saw a president with all the air go out of him. he's not the obama that everybody thought he was. now, president obama once said in a previous campaign, and let me quote here exactly, if you don't have a record to run on, then you make big elections about small things. so is there any wonder why you're hearing from the ot
we study. in a free market economy, recessions and recoveries, upswings and down swings are part and parcel of the world we live in. when you look at how budgets are proposed, off of the congressional budget office projection. they are not that realistic. in 2014, 2015, 2016, they are projected real gdp growth of 4.4%. sounds pretty good. how realistic is it? if you take a look at reality, what's happened since the beginning of the century? gdp has grown at 1.7% and we know we are in a pretty sluggish economy. there is a huge disconnect between what's proposed and what's going on outside this window? >> that's the big deal. the claim is, i'm going to go in and cut taxes. don't worry, cutting taxes is going to be stimulative. we are going to end up with way more jobs and there will be fewer taxes from each individual. there will be way more people paying into the tax system. revenue neutral. lakshman is telling us you have a choice over how much you charge people in taxes. they may not produce all the jobs. what he is doing on day one is adding to the deficit. >> could be but let'
on the economy right before the election are not encouraging for the president. good morning, everyone. do you want gas? in the new york area, you will have to wait for hours, you want power? millions will wait for days, but it's the supply of gas that is today's crisis. driving to work will be almost impossible for millions. piled on top of the mass power outage, the whole nation's economy will surely take a hit. new numbers today, paint a grim picture on employment and it's a snapshot of the economy which remains weak. the latest fox news poll shows a dead heat and the candidates are tied five days to the election. we are we go. another big day. "varney & company" is about to begin. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td amer
the economy around saying the president has failed to meet the challenge fay can the united states. >> the difference between us, he makes promises and he couldn't keep. i'm making promises i have kept and i will keep them for the american people. [ cheers and applause ] >> reporter: president obama meantime, continuing down the path you can't trust governor romney. that he is misleading american people, imploring to give him another four years to get the economy on track. now is not the time to be changing horses. >> after four years of president you know me. you may not agree with every decision i have made. maybe you are frustrated about the pace of change but you know what i believe. you know where i stand. you know i tell the truth and you know i'll fight for you your families every single day. >> reporter: part of what the president said feeds into the narrative that governor romney is creating here. that he is a nice guy and means well but he doesn't put a take to get things done. something that happened yesterday, in springfield, ohio when president obama said thiskr romney
post." what are the top issues for colorado voters? guest: just like everywhere else, the economy and jobs. we have a large energy sector. education is a big issue. among the latino population and especially democrats, immigration reform. host: the demographics of the voters in colorado? guest: 52% women, 40% men. we have increased the number of people were voting by mail. 800,000 people have already cast ballots in this state. it is equally divided. one-third of the electorate is a registered republican, won third democrat, one-third unaffiliated. everyone is plan for the group of unaffiliated voters. you'll hear a lot about appealing to women and latinos. we have heard a lot about the bennett strategy and that is the strategy center michael bennett used in running against the tide in 2010. where by appealing to women and latinos he was able to pull a victory in a year or not favorable to democrats. host: where are the traditionally democratic areas of the state? guest: denver is ground zero for democrats. boulder would be another. they have large registration bases in arapahoe m
of the fundamentals is the economy is horrible. you have the tea party that arisen since 2010. you have romney momentum. you've got people, people decided that obama is incompetent. he can't run on anything. those are serious fundamentals. >> when we get to election day, people who are genuinely independent i think are going to break slightly our way in these battleground states. that is the data i'm looking at. >> there are many republicans, independents and democrats who aren't satisfied with the direction that we've been going in the last four years. they want a change. they want to go in a different direction. they want somebody to believe in them. they are doing that with their vote. >> we can't lose. we're going to take back america. we're going to keep it strong. we're going to overcome our challenges and keep america the hope of the earth. i need your vote on november 6th. get out and vote early. >> greta: we have more to break down the polls, minutes away. but disturbing information about benghazi. fox news obtained a classified cable from the mission in benghazi to the state departme
power. including around 650,000 in new york city alone. and costs to the country's economy estimated between $10 billion and $20 billion and growing. we're going to talk about the political, economic and environment implications of hurricane sandy for the next two hours, including how this natural disaster has linked this year's prominent foes, president obama andries and chris christie. both told reporters that they were determined to repair and rebuild the damage even as they praised each other's forms the crisis. >> the things we need to do is to make sure power restored as quickly as possible. make sure people have clean drinking water hospitals are taken care of the way we need to, and kids are back to school. i'm please to report that the president has sprung into action immediately to help us get us those things while we were in the car riding together. i appreciate that. he has worked extremely closely with me since the storm hit. this is our sixth conversation oversince the weekend. i cannot thank the president enough for his personal concern and compassion for our state and
Search Results 0 to 49 of about 676 (some duplicates have been removed)